UGC NET Theories of international trade Previous Year Questions
JRFSmart holds 27 previous-year questions on Theories of international trade from UGC NET Commerce (Paper 2), filed under Unit 1: Business Environment and International Business, drawn from 17 of the 22 exam papers in the bank (2018–2025). Each question can be practised with a full explanation and shows how often NTA has returned to the same idea.
What is asked in Theories of international trade
The questions in this topic fall under these subtopics, ordered by how many previous-year questions each has.
| Subtopic | Questions |
|---|---|
| Trade theories and their authors | 4 |
| Heckscher-Ohlin factor endowments | 2 |
| Trade theories | 1 |
| Factor endowment theory | 1 |
| Quotas | 1 |
| Countervailing duties | 1 |
| India's trading partners | 1 |
| Types of dumping | 1 |
| Types of quota | 1 |
| Determinants of export performance | 1 |
| Disguised non-tariff barriers | 1 |
| Non-tariff barriers | 1 |
NTA repeat analysis
Theories of international trade appears in 17 of 22 papers (77%), which JRFSmart rates as high frequency.
1 question in this topic has been verified as repeated in more than one paper.
Sample previous-year questions
Match List I with List II: LIST I | LIST II A. Absolute Advantage | I. David Ricardo B. Factor Endowments | II. Minhas, Leontief et. al. C. Factor-Intensity Reversal | III. Adam Smith D. Comparative Advantage | IV. Heckscher-Ohlin Choose the correct answer…
Match the LIST-I with LIST-II LIST I | LIST II A. Theory of Comparative Cost Advantage | I. Heckseher & Ohlin B. Theory of Opportunity Cost | II. David Ricardo C. Theory of Factor Endowment | III. Haberler D. Theory of Absolute Advantage | IV. Adam Smith…
Arrange the following theories of international trade in chronological order (old to new) A. Mercantilism Theory B. Comparative Advantage Theory C. Product Life Cycle Theory D. Hecksher-Ohlin Theory Choose the correct answer from the options given below:
Match the LIST-I with LIST-II LIST I | LIST II A. Specific Tariff | I. Fixed percentage of the value of the commodity B. Ad valorem Tariff | II. Fixed amount of money per unit C. Compound Tariff | III. Duty fixed to bring the price of imported commodity to…
Assertion (A) : Heckscher and Ohlin developed a theory to explain the reasons for differences in relative commodity prices and competitive advantages between two nations. According to this theory, a nation will export the commodity whose production requires…
An empirical test was carried out in 1951 on Heckscher Ohlin model to find out whether or not the US, which has abundant capital resources, exports capital intensive goods and imports labour intensive goods. But, it was found that the US exported more…
Which of the following are different types of dumping? A. Persistent Dumping B. Predatory Dumping C. Sporadic Dumping D. Nomadic Dumping Choose the correct answer from the options given below:
Match List - I with List - II. LIST I | LIST II A. Theory of comparative Advantage | I. Michael Porter B. Theory of competitive Advantage | II. David Ricardo C. The Purchasing Power Parity Theory | III. Adam Smith D. Theory of Absolute Advantage | IV. Gustav…
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